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3.5 Indonesia Corporatisation PDF
3.5 Indonesia Corporatisation PDF
Local
Government
(Share
(Share holder)
holder)
100% Ownership
Rate payers State
Government
Consumers
Regulator
Wide Bay Water
Water
Corporation
Queensland Water Industry
Why corporatise?
To make a “water business”-
- transparency
COST
$
BENEFITS
How to Corporatise
Process-
• challenges
• opportunities
• timing
Corporatisation
Case Study – Wide Bay Water Corporation
Challenges
• Political
• Structural
• Industrial
• Operational
Corporatisation
Case Study – Wide Bay Water Corporation
Challenges - Political
• Manage the stakeholders
• Liaison with State government
• Educate the local elected councillors
• Inform the public
• Manage the media
• Establish a Steering Committee
• Prepare a Corporatisation Charter
Corporatisation
Case Study – Wide Bay Water Corporation
Challenges – Structural
• What is the business?
• How will the service be delivered?
• Financial
• Systems
• Performance monitoring & reporting
• Accommodation
• Land – who gets what?
Corporatisation
Case Study – Wide Bay Water Corporation
Challenges – Industrial
• Employees ready
• Unions ready
• Terms of employment
• Superannuation
• Workers insurance
• Workplace Health & Safety
Corporatisation
Case Study – Wide Bay Water Corporation
Challenges – Operational
• Policies
• Licencing
• Banking
• Delegations
• Records
• Instruments
Corporatisation
Case Study – Wide Bay Water Corporation
Opportunities
“get it right”
- Business focus
- Employees and employment conditions
- Financial structure
Corporatisation
Case Study – Wide Bay Water Corporation